ABN AMRO Bank N.V.

Board/Management Information • Nov 9, 2016

Amsterdam, 8 November 2016

IR/Press Release

Kees van Dijkhuizen succeeds Gerrit Zalm as CEO of ABN AMRO

Kees van Dijkhuizen, currently Chief Financial Officer of ABN AMRO Group N.V. and ABN AMRO Bank N.V., has been appointed as Chief Executive Officer. His appointment becomes effective upon approval by the regulators. This approval is expected at the latest mid February 2017. Kees van Dijkhuizen succeeds Gerrit Zalm, who was appointed in 2009.

In his capacity as CEO, Mr van Dijkhuizen will be responsible for executing and delivering the strategic targets as announced to the market at the time of the IPO in November last year. He will, in consultation with NLFI, create the conditions for the Dutch government to further sell down the remaining shareholding.

Mr van Dijkhuizen will be responsible for providing impetus to the new leadership the bank requires in this next stage. As CEO he will, in consultation with the Supervisory Board, give form and content to the strategy, the organisation and the composition of senior management. This with the objective to ensure that the bank is well-prepared for the challenges in the coming period. ABN AMRO, in this next stage, should stand for an entrepreneurial culture, client focus, sustainable growth and sensitivity to society.

Mr van Dijkhuizen joined ABN AMRO in May 2013. He was Chief Financial Officer of NIBC Bank N.V. from 2005 to 2013, as well as its Vice Chairman from September 2009 to 2013. Previously, he held various positions at the Ministries of Finance and Economic Affairs. In 1999, Mr van Dijkhuizen became Director General of the Budget at the Ministry of Finance. From 2000 to 2005, he held the role of Treasurer General.

Olga Zoutendijk, Chairman of the Supervisory Board: "Kees van Dijkhuizen has solid experience and a strong track record as CFO of ABN AMRO, and has held multiple senior executive positions in the banking industry and the public domain. His experience, combined with his personal integrity and leadership style and extensive network, make him well-suited to lead ABN AMRO."

ABN AMRO Press Office ABN AMRO Investor Relations pressrelations@nl.abnamro.com investorrelations@nl.abnamro.com +31 20 6288900 +31 20 6282282

Hans van Zon, head of Press & PR Dies Donker, head of Investor Relations

This press release is published by ABN AMRO Group N.V. and contains inside information within the meaning of article 7 (1) to (4) of Regulation (EU) No 596/2014 (Market Abuse Regulation)